RE:RE:RE:RE:RE:RBC: BBD remains our top idea My unproven theory is that such price drops on sketchy news of that nature wouldn't happen if BBD had much less debt. For 2 reasons: IF the article were true, the impact to a low debt Bombardier would be minor. And 2nd, that would represent an opportunity to buy discounted shares back.
A good example is when the share price dropped to $40. 5% shares buy back would cost $140M USD or 1.6% of revenue. Would never happen if Bombardier had low debt. OTOH, in this market spending $50M USD to short BBD is nothing.